United Kingdom · 
Who invested in Barocal?
Barocal's investors include Parkwalk, IP Group, World Fund, EIC Accelerator and Breakthrough Energy, and 3 more on record. World Fund led its latest round.
20222023202420252026
$1.8MRound$2.7MGrant$9.0MSeed$10MSeed
United Kingdom · Seed startup
Who invested in Barocal
Funding summaryUpdated 26 Oct 2026
$23Mraised across 4 rounds since 2022, from 4 sources
$1.8MRound$2.7MGrant$9.0MSeed$10MSeed
- Latest round
- Seed, $10MMay 2026
- Led by
- World Fund
- Investors
- 8 (1 led)
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Round, $1.8M Jan 2022
- Biggest round
- $10M Seed · May 2026
- Usual gap between rounds
- 14 months the median of 3
The rounds
- May 2026Seed$10M5 new2 returning
World FundLead
Parkwalk
IP Group
Breakthrough Energy
SE Ventures- Cambridge Enterprise Ventures
- Breakthrough Energy Discovery
Reported by Ventureburn
- Dec 2025Seed$9.0M
No investor was named in the report.
Shares issued, filed with Companies House (SH01); no report of this raise yet
- Oct 2024
- Jan 2022Round$1.8M
No investor was named in the report.
Shares issued, filed with Companies House (SH01); no report of this raise yet
Funding filed with regulators
Barocal filed 2 raises, $11M in all. Filings say how much was sold and to how many investors; they never name the investors.
- Dec 2025$9.0MUK share allotment
- Jan 2022$1.8MUK share allotment
Founders and team
From Barocal's own website: 7 on the team.
- Xavier MoyaCEO
- Adrian WatsonCFO
- Giles RodwayCTO
- Blane ScottR&D Engineer
- Kevin SibyR&D Engineer
- Kurt JoachimPrincipal Engineer
- Zak KarimjeeR&D Engineer
AdvisersRichard Lawton
Who was in which round
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Round2022Grant2024Seed2025Seed2026ParkwalkIP GroupWorld FundL
EIC AcceleratorBreakthrough EnergySE VenturesCambridge Enterprise VenturesBreakthrough Energy Discovery
ParkwalkIP GroupWorld FundLEIC AcceleratorBreakthrough EnergySE VenturesCambridge Enterprise VenturesBreakthrough Energy DiscoveryEveryone who backed them
Cambridge Enterprise VenturesVC firm1round
Breakthrough Energy DiscoveryVC firm1round
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
These 2 firms list Barocal as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.
Quick answers about Barocal
How much has Barocal raised?
Barocal has raised $23M across 4 rounds since 2022.
When did Barocal last raise?
Barocal's most recent round was a Seed of $10M in May 2026, led by World Fund.
What was Barocal's biggest round?
Its most recent round, $10M in May 2026, is also its largest on record.
Who backed Barocal first?
Barocal's first round on record, in Oct 2024, was backed by EIC Accelerator, Parkwalk and IP Group.
What stage is Barocal at?
Barocal's latest named round is a Seed, in May 2026.
Where is Barocal based?
Barocal is based in the United Kingdom.
Who led Barocal's rounds?
World Fund led the Seed in 2026.
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